Do you need a Strategic Advisor?

What is the value of a strategic advisor?

  • Ensuring that the board of directors, CEO, and C-Suite are asking the right questions.
  • Helping the board of directors, CEO, and C-Suite to think differently.
  • Coaching leaders on how to fix their critical company wide issues.

You need a Strategic Advisor if:

  • You recognize that you past experience, skills, and ways of thinking and making decisions my be of less value in today’s turbulent and rapidly changing world.
  • You have a critical decision or problem that significantly impacts your company’s long-term value growth or value preservation. You may be unclear as to the core problem, which questions to ask, and what the solution could be.
  • You are a leader (CEO, owner, board director, etc.).
  • You are accountable for the results and require deep understanding, because you are the one who must present and explain your proposed actions.
  • You will personally devote significant time to your issue.
  • The decision or issue is new to you and your company or you have unsuccessfully addressed this in the past.
  • You need someone to help you and your team think through what to do. You will meet with your advisor frequently, sometimes daily.
  • You are willing to learn and try new things.
  • You have either hired or met with traditional consultants, who have not been able to help you make your decision or solve your problem.
  • You may need help selecting traditional consultants and in co-ordinating their actions.

You need a traditional consultant if:

  • You are clear on what the problem is.
  • You can delegate to others the preparation of recommendations for your review.
  • You need an industry expert to tell you what others in the industry are doing or have been doing.
  • You need a functional expert due to gaps with internal functional knowledge e.g. cybersecurity.
  • You need someone who has done the same thing many times before e.g. install financial systems.
  • You need outside people to help with large amounts of data collection and analysis.
  • You will personally devote limited time to the issue.
  • You believe that you personally do not need to transform yourself.

Tom is a Strategic Advisor. Click here to contact Tom.

The following are links to sections of my website.  Each section contains my points of view.

Avoiding business failure

The startup journey

Understanding customers

Investor management

Corporate Governance

Creating business value

Strategy and strategic planning

Business transformation

Values, morals, and ethics

Charitable support – the charities I support.